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Thread: Sceneca Residence

  1. #1
    Join Date
    Jun 2009

    Default Sceneca Residence

    The Best Time to buy Property is Yesterday.
    If you lose Money it because you sell on a wrong Day.

    You don't Buy others will Buy.
    You don't Sell, others will Sell.

  2. #2
    Join Date
    Oct 2011

    Default Re: Sceneca Residence

    Sceneca Residence in Tanah Merah to open for preview on Jan 1

    Dec 27, 2022

    The mixed-use development project includes Sceneca Residence – consisting of 268 residential units – and Sceneca Square, a 20,000 sq ft retail mall.

    MCC Singapore’s residential project Sceneca Residence in the Tanah Merah area will launch for preview on Sunday (Jan 1), with indicative prices ranging from S$958,000 for a one-bedroom unit to about S$2.99 million for a four-bedroom.

    The 99-year-leasehold project on Tanah Merah Kechil Link is jointly developed by Ekovest Development and The Place Holdings. It was secured with a S$249 million bid in October 2020. This translates to S$930 per square foot (psf) per plot ratio.

    It comprises 268 residential units across two towers – a 14-storey tower and a 15-storey tower – and will form part of the mixed-use development Sceneca, which includes a 20,000 square foot (sq ft) retail mall, Sceneca Square.

    Prices range from S$2,069 psf for one-bedroom units (from 463 sq ft), S$1,961 psf for two-bedroom units (from 678 sq ft), S$1,952 psf for three-bedroom units (from 904 sq ft), and S$1,966 psf for four-bedroom units (from 1,518 sq ft). Four four-bedroom penthouses ranging from 2,400 sq ft to 2,756 sq ft are also available.

    Recent launches have received strong responses – the nearby Sky Eden@Bedok by Frasers Property sold nearly 75 per cent of its apartments at an average price of about S$2,100 psf on its launch day in September.

    Data from URA Realis also showed that resale prices for private homes in the area were between S$847 psf and S$1,705 psf in the past few months.

    In a press statement on Tuesday (Dec 27), MCC Singapore chief executive officer Tan Zhiyong noted that the mixed development includes direct access to Tanah Merah MRT station and will “finally bring about a mall to Tanah Merah which it can call its own”.

    The residential towers are located at the rear of the development, set further back from the adjacent train station, with residential units starting from the third storey. Facility highlights include a 50-metre lap pool, a garden and a clubhouse.

    The development is expected to obtain its temporary occupation permit in the second quarter of 2026.

    Meanwhile, the ground-floor retail mall Sceneca Square will offer homebuyers and commuters a mix of cafes, restaurants, shops and a 10,000 sq ft new-to-market supermarket.

    It will also include event spaces to host pop-up stalls, bazaars and events.

    The development is a train stop away from Changi City Point, Singapore Expo and Changi Business Park. It is also within one kilometre from St Anthony’s Canossian Primary and Secondary Schools, Bedok Green Primary School and Anglican High School.

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